Tag Archive For "Bulkers"
Market Chat: Bulker Values Increase by Nearly 50% in One Year
Dry bulk values increase as Capesize earnings reach the highest seasonal levels since 2010 Values increase Values for Bulkers have been going from strength to strength this year, up across all ages and size categories, notably in the Capesize and Supramax sectors. In the Capesize sector, values for 20 YO vessels of 180,000 DWT have …
Top 10 Shipowning Nations by Total Asset Value for 2024
Utilizing the VesselsValue database, we’ve reviewed the total asset values for vessels by beneficial owner country to determine this year’s top 10 shipowning nations. From Japan’s resolute leadership in the top position with a USD 206.3 billion fleet, to the emergence of Hong Kong at USD 44.7 billion, the asset values and ownership strategies have …
Bulker Market Resilient After Lunar New Year
As stakeholders navigated numerous variables over the start to 2024, including global economics and shipping route disruptions, the Bulker market remains dynamic and responsive to evolving trends and challenges. Bulker earnings reached their zenith in December but have since experienced a customary seasonal dip. However, despite the current decline, earnings continue to stand at historically …
Market Chat: Capesize Sales Climb 24% YoY, Matching 2021 Highs
Greek buyers have been the most active in this sector, accounting for c.29% of sales reported this year Although overall Bulker sales have been more moderate so far this year, the volume of Capesize sales has been moving in the opposite direction to the rest of the sector with sales up there next to the …
Market Chat: Top 10 tanker buyers spend USD 3.66 billion, double top 10 bulker buyers YTD ’23
Golden Ocean Group and Scorpio Tankers spend USD 1.1 billion in 2023 on second hand vessels The top two biggest spenders on second hand bulkers and tankers so far in 2023 have already spend over USD 1.1 billion together. So far the top 10 biggest spenders on second hand bulkers have spent a collective USD …
The Vicious Cycle
The shipping markets are classically cyclical, but with extreme volatility. In fact, bulkers and tankers probably have the highest volatility of any major hard asset. The reason for this volatility is due to two main elements: the behaviour of shipowners and investors, and the relatively long build times and working lives of vessels. Effectively, what …
Handy Bulker Values to Rise Over 30% by End of 2020: Quarterly Forecast for Cargo Vessels
We have partnered with Oslo based shipping consultancy firm ViaMar to provide Forecasted Market values for each individual vessel in the Tanker, Bulker, Container and LPG fleet. Forecasted Market Values are quarterly forecasts for individual vessels provided until the end of their predicted economic life. Overall The US China trade war is still on, but …
Handy Bulker Values to Rise Over 30% by End of 2020: Quarterly Forecast for Cargo Vessels
We have partnered with Oslo based shipping consultancy firm ViaMar to provide Forecasted Market values for each individual vessel in the Tanker, Bulker, Container and LPG fleet. Forecasted Market Values are quarterly forecasts for individual vessels provided until the end of their predicted economic life. Overall The US China trade war is still on, but …
Half Year Values Round Up
Tankers The market trend for Tankers has been positive since the beginning of 2019. The recent purchase of a resale VLCC by SK Shipping for USD 98 mil is a 5 year high price achieved. Older VLCCs has been circulating the market recently and since the beginning of 2019 of the total 19 VLCC deals, …
Half Year S&P Review
Bulker A total of 204 bulkers have been sold since the beginning of 2019, interestingly however only 6 of these have been Capesize Bulkers. During a period of 4 months from December – April, no Capesize sales were concluded. This break of 106 days had never been seen in the market before. The lack of …